LEWISTON, Maine — Oxford Networks announced Friday it is eliminating 12 positions, effective immediately, as part of restructuring efforts it says will position the company for future growth.
“Eliminating positions is never easy, but the needs of our customers are changing, and this restructuring is a necessary part of our transformation from a traditional telephone company to a full-service technology provider,” Craig Gunderson, Oxford’s president and CEO, said in a statement.
Julia Munsey, a company spokeswoman, told the Bangor Daily News the 12 eliminated positions, which were full as of Friday, were related to the company’s “legacy products, which would be more of our voice products.”
The employees being laid off will receive “generous” severance packages and outplacement services, including career counseling and assistance with resume writing and job applications, the company said.
The eliminated positions represent less than 10 percent of Oxford’s overall workforce of 134 employees.
Gunderson in the statement said convergence within the telecommunications industry has forced previously regulated companies like 113-year-old Oxford Networks to rapidly evolve by offering new and better products, and that requires a different approach to staffing.
“Oxford Networks continues to be a dynamic, financially sound company, and we fully expect to be adding new positions in the future as we continue to grow and broaden our technology offerings,” Gunderson said.
Munsey said there is no firm timeline to add new positions, but that the company has experienced rapid growth in its data center products and IT services.
“So that is where we expect new hires to take place when they do, and that will be driven by marketplace demand,” she said.
The company, originally incorporated as Oxford Telephone and Telegraph in 1900, completed a fiber backbone between Bangor and Boston in 2009. That same year, it opened a Bangor office.
In the fall of 2011, the company opened a secure data center at Brunswick Landing, on the former Brunswick Naval Air Station.